Business News Summary Headlines

OTTAWA - The Trudeau government signalled Monday it was willing to give Canada Post a couple more days to settle a labour dispute with its employees despite pressure from business to end rotating strikes that have caused a month-long backlog of undelivered parcels and mail.

NDP Leader Jagmeet Singh also gave clear indications that if the Liberals introduced back-to-work legislation to force an end to the dispute, they would be in for a rough ride.

CALGARY - Rising temperatures in the battle between two Calgary drilling companies for ownership of a third were matched by rising share prices for all three on Monday.

Ensign Energy Services Inc. announced late Friday it will give Trinidad Drilling Ltd. shareholders less time to think about its hostile takeover bid, moving up its deadline for acceptance to Nov. 27 from Dec. 13.

David's Bridal store customers, including those in Canada, won't be affected by the company's U.S. filing for bankruptcy protection because operations will continue as normal while the wedding and prom retailer restructures.

"We will not be closing stores due to this announcement. In fact, we will be opening our 12th Canadian store in Vaughan at the end of December," said spokeswoman Callie Canfield Worthington.

YOKOHAMA, Japan - Nissan Chairman Carlos Ghosn, who became one of the auto industry's most powerful executives by engineering a turnaround at the Japanese manufacturer, was arrested Monday and will be fired for allegedly underreporting his income and misusing company funds, the automaker said.

The scandal reverberated across the globe and abruptly threw into question Ghosn's future as leader of the Renault-Nissan-Mitsubishi alliance, which sold 10.6 million cars last year, more than any other manufacturer.

MONTREAL - Yellow Pages Ltd. says its lockout of sales representatives in the province of Quebec has been lifted after they ratified a new three-year collective agreement.

The Montreal-based publisher of digital and paper-based advertising announced in mid-September that it was locking out about 130 of its unionized employees after the two sides failed to reach a labour agreement.

The grant from the DTE Energy Foundation was announced Monday by Robin Terry, CEO and chairwoman of the museum . The money will help support the development of an education and community engagement space at the museum for young artists that also will house the museum's summer camp programs.